Life Insurance

Donate a Policy That Has Been Paid Up

Often, a person’s need for life insurance declines with age. A life insurance policy purchased years ago for family protection or to collateralize a loan may no longer be needed for that purpose. If so, ownership of the policy could be transferred to the USS Missouri Memorial Association ("UMMA"). Because the gift is irrevocable, you receive an immediate income tax deduction. By making a gift of this essentially "idle" asset, you will receive a charitable deduction and reduce your taxes.

Donate a New Policy or a Partially Paid Policy

You may have a policy that you have owned for a while but is not paid-up. You can transfer ownership to UMMA and continue paying the premiums. You receive an immediate deduction along with additional deductions for continued premium payments. Or you can take out a new policy and deduct the premium payments. This is a way to assure a major future gift to USS Missouri Memorial Association with minimal current financial outlay.

Name the USS Missouri Memorial Association, Inc. as a Beneficiary

A gift through life insurance offers several benefits:

It allows you to make a substantial gift with an asset you may no longer need
It may provide an estate tax deduction and, in certain circumstances, an income tax deduction
Proceeds pass directly to UMMA outside of the probate process

If you contribute other assets for the benefit of the USS Missouri, you may consider using life insurance to replace the value of the donated assets and maintain your gift to heirs. For more information about gifts of life insurance, or if you have already provided for the USS Missouri Memorial Association in your estate plans, please contact us via email or at (808) 455-1600 ext. 244.

The USS Missouri is 108 feet 2 inches wide and built to traverse the Panama Canal which is 110 feet wide.
Mary Margaret Truman, daughter of the then junior Senator Harry S. Truman, christened the USS Missouri on January 29, 1944.
From its keel to the top of her mast, the USS Missouri is as tall as a 20-story building (209 feet 3 inches tall).
Theoretical top speed for the USS Missouri is 33 knots or almost 40 miles per hour.
The USS Missouri has never had a combat death aboard her decks.
When the family of President Harry S. Truman was on board, they made it a practice to eat at least one meal a day with the crew in the Crew’s Mess.
The USS Missouri has three gun turrets with three guns each. The 16-inch guns were the largest ever installed on a Navy ship.
The USS Missouri’s big guns are aimed based upon the commands of an analog computer first designed in the 1920s.
Each gun weighs 230,000 pounds, or about as much as a space shuttle.
Two guns together weigh about as much as a fully loaded Boeing 747.
Each Navy battleship carried a detachment of Marines on board who were the ran the brig or jail.
During World War II, the USS Missouri launched spotter seaplanes from two catapults on the stern of the ship.
The USS Arizona and the USS Missouri are known as the “bookends” of America’s involvement in World War II.
The USS Missouri now hosts several military ceremonies, including re-enlistments, retirements and change of command.
The USS Missouri was truly the end of an era. She was the very last battleship of any nation to be decommissioned.
Each turret of the USS Missouri was manned by 77 to 110 men working in the turret and on five decks below the turret.
The USS Missouri crew earned three battle stars in World War II and five battle stars in the Korean War.
Although it looks like one, the USS Missouri is no longer a Navy ship. It is owned by the USS Missouri Memorial Association.
The USS Missouri's four engine rooms can generate 212,000 horsepower moving forward and 44,000 going astern.
Three former American Presidents have boarded the Battleship Missouri: Harry S. Truman, George H. W. Bush Sr. and George W. Bush, Jr.
The total number of meals served during both active commissioning periods is approximately 40,615,000 meals.